Bitcoin is Most Often Used to Purchase Sheets: Infographic
According to the following infographic from Coupofy, Bitcoin usage on Overstock.com tends toward everyday, household items. The image visualizes data that the creators have culled from various sources about the usage of bitcoins, and notably, transaction volume using Bitcoin as a currency increased by almost 100% between 2013 and 2014, despite the downward trajectory of the Bitcoin price all last year. The subject of bitcoins the currency versus Bitcoin the investment strategy has been a common theme throughout the history of the technology. While the technology was propelled by early....
Related News
![Bitcoin is Revolutionizing the Non-Profit Sector [Infographic]](minthumb/bitcoin-non-profit.jpg)
According to a new infographic, featured below, bitcoin is electrifying the non-profit profit sector. "The piece explores how Bitcoin will revolutionize charitable donations given to non-profit organisations, focusing on how it will work and what challenges donating in digital currencies face in the long run,". Max Hammond, Digital PR Executive for NeoMam Studies, said upon sharing the infographic. The infographic details how non-profits will see benefits from bitcoin, as well as how to accept it in the first place. Bitcoin users can donate directly to the non-profit through a public key,....
Calls for a $70,000 Bitcoin is picking momentum among technical market analysts as the cryptocurrency makes way into Tesla's balance sheets.
Online retail giant Overstock has released new insight into the buying behavior of its bitcoin customer base, revealing bed sheets have become the demographic's favorite item to purchase. The top five items bought on Overstock with bitcoin are now sheets, donations to non-profits, headphones, cases and holders, and area rugs, respectively. Cables and tools, mattresses, coffee tables, A/V cables and fashion sunglasses round out the top 10 categories. Addressing the findings, Overstock director of communications Judd Bagley commented on the relatively mundane list of items as evidence of the....
Everyone knows that global wealth is unevenly distributed. The top 1% has control over almost 50% of the global economy. But how does bitcoin wealth distribution compare to the global distribution of fiat and fixed assets? This gorgeous infographic explains: It turns out that the distribution of bitcoins among users is even more skewed than the distribution of traditional wealth across the globe. This is understandable, since bitcoin favours early adopters who either mined or purchased their coins a few years ago. Furthermore, the amount of bitcoins in circulation is capped at 21 million,....
Will Bitcoin growth slow in 2016? BargainFox and Georgi Georgiev do not think so. In fact, they have even put together an infographic presenting 33 indicators that bitcoin growth is not slowing down this year. However, as we looked closer, only some can be considered indications of growth in 2016 - more than half are merely FYI facts, others are open to interpretation. We contacted the author to clarify his intention, but received no comment. What follows is our brief overview of the infographic. We divided the indicators into those that are likely to mean continued growth of bitcoin,....